Page 9 - Video Gallery

India to get 240 exhibition booths at SSACEIF 2019 in China: DDG Yunnan province

Kunming (China), Jun 11 (ANI): Number of enterprises from China and abroad will attend the upcoming South and South Asia Commodity Expo and Investment Fair. The exposition will be held in China's Kunming. While speaking to ANI, MA Jun, Deputy Director General of Yunnan Province, on South and South Asia Commodity Expo and Investment Fair in China said, "India is a very close partner and everybody loves Indian pavilion. This year 240 exhibition booths are for India and in terms of booths, India ranks no.1 among South Asian countries."

India needs to remove export barriers with China: Chairman, Indian Chamber of Commerce

Kunming (China), Jun 11 (ANI): Number of enterprises from China and abroad will attend the upcoming South and South Asia Commodity Expo and Investment Fair. The exposition will be held in China's Kunming. While speaking to ANI, Mahesh Saharia, Chairman of Indian Chamber of Commerce-NE in China said, "China is growing very fast. We're looking towards China. In such forums and elsewhere we need to talk about possibilities of furthering exports from India to China and removing those barriers, because our basket of goods for Chinese market is limited. So we have to find out areas where we are strong and then we'll be able to make it."

GES 2019: Netherlands embassy and US co-host pitching workshop xfor Indian entrepreneurs

New Delhi, May 29 (ANI): Netherlands embassy along with US co-hosted a pitching workshop for Indian entrepreneurs in Delhi. The aim was to prepare them to participate in the Global Entrepreneurship Summit (GES) 2019 in Netherlands' Hague. The GES 2019 will help entrepreneurs with unmatched opportunities to engage with 300+ investors. The event will see 2,000 industry-leading participants from over 120 countries in Hague, from June 3 to June 5. While speaking to ANI, Dutch Ambassador to India Marten Van Den Berg spoke on India-Netherlands relationship and collaboration. He said, "We are very happy that India has invited to be part of the summit. It's also a good elaboration for intense corporation within India and Dutch."

Per capita income of India far behind in USD: EAC Chairman

New Delhi, May 18 (ANI): While addressing the National Conference on Fiscal Policy Roadmap event which was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in the national capital on Friday, Chairman of the Economic Advisory Council to the Prime Minister (Narendra Modi) Bibek Debroy said, "The first set of very preliminary remarks are triggered by what I heard a little while ago which is about raising the productivity. The Per capita income (PCI) of India today in US dollars is about 2000 US dollars or thereabouts which is far too short of what it should be. PCI is in a way nothing but the average productivity of the citizens of a country." "It is subject ofcourse to the fact that the average productivity of the citizens of a country is in Indian rupees and when you convert it into US dollars across country purposes for comparisons it also functions what happens to the exchange rate," Debroy added. This event discussed the current challenges and prevail

'King of Fruits' mangoes hit the market in Karnataka's Shivamogga

Shivamogga (Karnataka), May 17 (ANI): Mangoes hit the market and crossed almost Rs 100 per kg in Karnataka's Shivamogga. Traders in Shivamogga are buying mangoes for Rs 30 to Rs 40 per kg. Local sellers and street vendors are selling the mangoes at Rs 100 per kg or even higher than that. Traders are busy buying different varieties of mangoes from the farmers and also from the plantation owners due to its high demand. Heat waves are continuing in the month of May and usual rain is delayed this year, which automatically extend the selling period of mangoes.

Leather industry stares at loss after being shut since Kumbh Mela

Kanpur (Uttar Pradesh), May 14 (ANI): Tannery industry has received a major hit after being shut for over 3 months. The tanneries were closed down before Kumbh Mela in January this year to provide clean water to pilgrims. The workers are returning back to their village. Tannery workers said, "Tanneries are closed, we have been terminated. We have no option but to return to our villages."

Climate change mitigation efforts could boost GDP in developing countries

New Delhi, May 01 (ANI): A new study led by the International Food Policy Research Institute (IFPRI) in Washington shows that in addition to reducing the severity and number of extreme weather events, effective climate change mitigation efforts would lower fossil fuel prices. Thus, the findings suggest reducing greenhouse gas emissions could have long-term economic benefits in low-income countries.Study claimed that the successful global efforts to significantly limit greenhouse gas emissions would likely increase the Gross Domestic Product (GDP) growth of poorer countries over the next 30 years.Study shows that beyond the benefits of reduced extreme weather in the long term, global mitigation efforts would also lower oil prices in the coming decades, resulting in a significant economic boon for poorer countries.

Financial year started with bang: Market expert after Sensex, Nifty hit record closing highs

Mumbai, Apr 16 (ANI): Market expert Sunil Shah on Tuesday shared his views on Sensex hitting record high of 39,276, Nifty near 11,800. He highlighted multiple reasons for the record like Political stability; core oil will not be very- very aggressive, stability of geo-political scenario, cooperate earning and macro numbers will keep improving. Markets today surged for the fourth straight session with both the benchmark indices -- BSE and NSE -- touching record highs amid sustained buying from foreign investors. BSE Sensex hiked 370 points to close at a new high of 39,276. The 30-share BSE index touched an all-time high of 39,364 during the late deals.

RBI, govt will work together: CEA on SC's ruling on assets circular

New Delhi, Apr 05 (ANI): While speaking about the Supreme Court's recent ruling on the RBI's February 12, 2018 stressed assets circular, Chief Economic Advisor in the Finance Ministry Krishnamurthy Subramanian said, "It can't be applied very generally and has to be done in a specific manner. So, it's a technical aspect which really can be fixed. RBI and government will be working together to ensure that whatever needs to be done can be done."

Export growth remained weak; non-oil gold imports declined in Jan-Feb this year: RBI Governor

Mumbai, Apr 04 (ANI): Reserve Bank of India Governor Shaktikanta Das addressed media after concluding the first meeting of Monetary Policy Committee (MCP) for fiscal year 2019-20. Speaking to media, he said that the export growth was weak in January and February 2019. He said, "Export growth remained weak in January and Feb 2019. While, imports especially non-oil gold imports declined. GDP projection for 2019-20 is kept at 7.2%, 6.8 to 7.1% for the first half of 2019-20 and 7.3 to 7.4% for the second half."

Jet Airways hopeful to fly 40 more planes by next month: Civil Aviation Secretary

New Delhi, Mar 26 (ANI): While addressing a press conference, Ministry of Civil Aviation, Secretary, Pradeep Singh Kharola on Jet Airways said, "They (Jet Airways) have assured us that no more jets will be grounded, today 35 planes are flying, they will approach the DGCA for the next one month to get the schedule approved for the 35 planes. As per plan the given by Jet Airways, they're hopeful that by the end of next month, they would be able to fly about 40 more planes. If this happens, it comes to about 80% capacity." Civil Aviation Secretary's comments came after meeting with top officials of Airlines regarding current issues pertaining. This comes day after Naresh Goyal and his wife Anita stepping down from Jet Airways board of Directors.

Savings accounts of over Rs 1 lakh will be linked to repo rate: SBI Chairman Rajnish Kumar

Mumbai, Mar 09 (ANI): While talking to the media, SBI Chairman Rajnish Kumar on Saturday said, "Savings accounts of over one lakh and above will be linked to the repo rate and all the working capital loan are theoretically are payable on demand, these loans will be continued to be linked with the Marginal Cost of funds based Lending rate (MCLR)". He also said there will be no specific relief to any account.

Our industry should work harder to pay more taxes for welfare of soldiers: Narayana Murthy

New Delhi, Mar 07 (ANI): Co-Founder of Infosys NR Narayana Murthy stressed on welfare of soldiers of the country. While talking to ANI he said, "Our industry should work hard to make ourselves stronger and pay more taxes so that our soldiers have better ammunition, better salaries, nutrition and they can take care of their families better, I said this in 2014 also, not after Pulwama." He also said, "Most of the solutions or problems are within us. Therefore, I would work harder and would become more innovative."

Ball lies in court of banks to restructure loans of eligible MSMEs as per guidelines: RBI Governor

New Delhi, Feb 18 (ANI): While addressing the media in the national capital after the post-budget meeting of the Central Board of the Reserve Bank of India (RBI), Governor Shaktikanta Das said, "The ball lies in the court of the banks to implement and restructure the loans of the eligible MSMEs as per the rules and guidelines given in the MSME package announced on January 01, 2019".

In last 5 years there has been reasonably high growth in revenues: Arun Jaitley

New Delhi, Feb 18 (ANI): While addressing the media in the national capital after the post-budget meeting of the Central Board of the Reserve Bank of India (RBI), Union Finance Minister Arun Jaitley said, "Year after year, our experience of the last five years has been that there has been a reasonably high growth as far as revenues are concerned". He further added, "I think India needs fewer and megabanks which are strong because in every sense from borrowing rates to optimum utilisation the economies of scale as far as the banking sector is concerned are of great help".

CASIO introduces new musical instrument

Anaheim (California), Feb 14 (ANI): The world's largest Music Instrument event "Namm 2019" that was recently held Anaheim, California. More than 2000 music instrument companies gathered at this event from all over the world. The event is known as one of the best exhibitions to see the latest music products and trends in music. On the day of event, many music lovers from all over the world were meeting up and having an exciting time experiencing the latest music products. Booth of "CASIO" was one of the most popular places in the event. The latest products "PX-S1000/S3000" which are remarkable pianos were announced as this year's new products. Their slim and compact design included a digital keyboard for the first time. The product has many new features comparing with previous versions such as "design", "Outlook" and "Function". It targets young generation aged between 20 and 40 years. Casio originally developed "Privia" series to make joy of playing piano accessible to more people. The

Rose import in Nepal from India surges for Valentine's Week

Kathmandu (Nepal), Feb 10 (ANI): Valentine's Day is around the corner and demand for red roses has risen significantly in Nepal. Rose from India has gained popularity for its quality among youth in Nepal. According to Floriculture Association Nepal (FAN), about 160,000 stems of roses would be imported for 2019's Valentine's Day from India. Last year, Nepal imported rose worth Nepalese Rs 12.8 Million. This year import is expected to be even higher worth Nepalese Rs 15 Million.

January GST revenue collection crossed Rs 1 lakh crore

New Delhi, Feb 02 (ANI): The total gross Goods and Services Tax (GST) revenue collected in the month of January reached Rs 1, 02, 503 crore of which Central Goods and Services Tax (CGST) stands at Rs 17, 763 crore. This year GST collection is 14 percent higher compared to the corresponding period last year, which was Rs. 89, 825 crore. The total collections for January are as follows: State Goods and Services Tax (SGST) stands at Rs 24, 826 crore while Integrated Goods and Services Tax (IGST) was Rs 51, 225 crore (including Rs 24, 065 crore collected on imports). The Cess accounted for Rs 8, 690 crore which include Rs 902 crore collected from imports. The government has settled Rs 18, 344 crore to CGST and Rs 14, 677 crore to SGST from IGST as the regular settlement. It is worth noting that in the financial year 2018-2019, it is for the third time that GST Revenue collection has crossed Rs One Lakh Crore. This is a significant increase as the revenue collection in December plummeted to

Interim Budget 2019: Centre introduces single-window clearance for Indian filmmakers

New Delhi, Feb 01 (ANI): The Centre announced the introduction of single-window clearance for Indian filmmakers to shoot their films - a provision that was earlier available only to international filmmakers. Finance Minister Piyush Goyal, while presenting the Interim Budget 2019, also announced the introduction of anti-camcording provisions to control the menace of privacy, following which the House erupted into cheers of "How's the Josh".

Interim budget 2019 is a relief for small tax payers: FICCI members

New Delhi, Feb 01 (ANI): Federation of Indian Chambers of Commerce and Industry members hailed interim Budget 2019 presented by interim Finance Minister Piyush Goyal today. "Increasing the slab rate and all the schemes introduced will provide relief to small tax payer", said a FICCI member. "When we add up to overall budget, it is a very good budget", said Deloitte's Neeru Ahuja.